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Dec 10, 2013
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i'm getting more deficit reduction. so the deficit will go down more by passing this than if we did nothing. that's point you number one. point number two, there are no tax increases here. point number try, we're finally starting to deal with auto pilot spending, that mandatory spending that has not been addressed by congress for years. look, this isn't easy. >> so congressman, democrats are giving up some stuff in this. is paul ryan wrong that what are you getting is not enough to push you over the edge with this bill? >> we are a little disadvantaged, we haven't seen the full details. but as i understand it, spending will be up higher. but this isn't an unprecedented deal. this happened in december 2011 and it happened last december as well. every time there's some bipartisan agreement, there's more spending in washington. they did the same thing each december, and i think at the end of the day as was indicated by senator rubio, this doesn't get to the heart of the problem which is spending. moving it a few dollars is
i'm getting more deficit reduction. so the deficit will go down more by passing this than if we did nothing. that's point you number one. point number two, there are no tax increases here. point number try, we're finally starting to deal with auto pilot spending, that mandatory spending that has not been addressed by congress for years. look, this isn't easy. >> so congressman, democrats are giving up some stuff in this. is paul ryan wrong that what are you getting is not enough to push...
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Dec 6, 2013
12/13
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it is time to stop the obsession with deficits and start an obsession about middle-class job creation. >> well, governor granholm, i'm going to give the president credit for these numbers -- >> stop the presses -- >> but this nation is still woefully unemployed. he has to take credit for that, too. i know his numbers could not have come at a better time for an administration that's had a rough couple months. in the crossfire tonight, a pair of economic experts, david madlin director of the american worker project for the center of political progress. >> and david, let me start with you. even though this morning's jobs numbers sound really good. a lot of people are just giving up and stopping looking for jobs. they're going on disability. the dependency on government has absolutely ballooned until this quote/unquote recovery. i think folks in your camp want more dependence on government, yes? >> no, we want jobs. >> but how dots there? >> in fact you follow the president's agenda, which has created 45 straight months of job growth. that is going the right direction. >> it's not fast en
it is time to stop the obsession with deficits and start an obsession about middle-class job creation. >> well, governor granholm, i'm going to give the president credit for these numbers -- >> stop the presses -- >> but this nation is still woefully unemployed. he has to take credit for that, too. i know his numbers could not have come at a better time for an administration that's had a rough couple months. in the crossfire tonight, a pair of economic experts, david madlin...
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Dec 9, 2013
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but to end the deficit we need growth. economic growth. that's why we had surpluses at the end of the clinton administration, because we had growth. part of the reason the deficit is likely to come down the future to some degree is because the economy looks better over the longer term than we thought it was going to be. but you still have to make these tough political decisions. if the president had early on taken the bull sense proposal which is deficit reduction group that he had appointed and headed from the state of the union message okay they've given us this proposal. congress, go to work on it and get me a budget by july, six months from now. early in his career as president it might have changed the paradigm. >> one thing that was in the congressional in-box, you're going to tell us, may not be there any more. have they come to an agreement on the military appropriations. >> they have the national defense authorization has come an agreement. they announced they're going to fast track it to get it done before the house leaves at the
but to end the deficit we need growth. economic growth. that's why we had surpluses at the end of the clinton administration, because we had growth. part of the reason the deficit is likely to come down the future to some degree is because the economy looks better over the longer term than we thought it was going to be. but you still have to make these tough political decisions. if the president had early on taken the bull sense proposal which is deficit reduction group that he had appointed...
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Dec 3, 2013
12/13
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it's the moral and religious and spiritual deficit we have to work on. but let's not damage the economy in the process. i'm kudlow. we'll have more on this later. '. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy effici
it's the moral and religious and spiritual deficit we have to work on. but let's not damage the economy in the process. i'm kudlow. we'll have more on this later. '. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs...
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Dec 10, 2013
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we have budget deficits that have improved but they have not disappeared and we have deficits in education and innovation and infrastructure that continue to widen. we know we need comprehensive tax reform, comprehensive immigration reform. there is a lot more for congress to do. so this deal doesn't solve all of our problems but i think it is an important step in helping to heal some of the wounds here in congress, to rebuild some trust and show that we can do something without a crisis right around the corner. and dom on straight the value in making our government work for the people we represent. so when all of this is done, i am very proud to stand with chairman ryan or anyone else who wants to work on this bipartisan foundation to continue addressing our nation's challenges. nothing is easy here but i know the american people expect nothing less. i want to take a minute to especially change chairman ryan. he and i do have some major differences. we cheer for a different football team. clearly. we catch different fish. we have some differences on policies. but we agree that our country
we have budget deficits that have improved but they have not disappeared and we have deficits in education and innovation and infrastructure that continue to widen. we know we need comprehensive tax reform, comprehensive immigration reform. there is a lot more for congress to do. so this deal doesn't solve all of our problems but i think it is an important step in helping to heal some of the wounds here in congress, to rebuild some trust and show that we can do something without a crisis right...
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>> food stamps are not expected to be contributing to our long-term death of deficit. neil: the amount of money that we are committing, and the top that we are talking about, you're right about the improvement and things will snap back into place when the economy and the recovery snaps back into plac but right now it is untenable. >> in terms of relaxing standards, some of this is -- for example, someone will have to qualify for work in order to get this. that seems like a good policy to me. >> i agree with that, but there's a lot of pride fraud in the program and that is indisputable. and the people on both sides have their own opinions. let me finish. you will from both sides want to help the poor out. everyone wants to help the poor out. help them, give them a job. the problem is there is abuse of the system that is being underreported and understated by the democrats who are basically saying that it's nonexistent. i totally disagree with that. >> the studies say that the fraud rate is very low. >> it is misreported. >> it's not just for families. >> yes, it is. the
>> food stamps are not expected to be contributing to our long-term death of deficit. neil: the amount of money that we are committing, and the top that we are talking about, you're right about the improvement and things will snap back into place when the economy and the recovery snaps back into plac but right now it is untenable. >> in terms of relaxing standards, some of this is -- for example, someone will have to qualify for work in order to get this. that seems like a good...
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Dec 5, 2013
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we've got the deficit cut, we've got public spending finally coming down. as you've said, the budget surplus on the horizon, that's big news. he will say austerity and balancing the books needs to be central to the government's policy going forward. now, whether that's pushing out the pensionable age or a further squeeze on public spending, some of that detail is going to be heard, it's going to be changes to energy prices, it's going to be changes to possibly some of their corporation tax, a freeze on business rates, but essentially it's going to away fiscally neutral budget with a tone saying tax cuts, they may kot come in the future, but not until we've secured recovery. we will have, however, gdp revisions up towards. the uk economy is booming. some experts are saying that the uk could be the most successful economy within the fw7 nations by the end of the year. with us here to discuss that further is steve radially, director of policy at trade manufacturing body eef. steve, finally, do we have a balanced recovery in the uk? we had positive manufacturin
we've got the deficit cut, we've got public spending finally coming down. as you've said, the budget surplus on the horizon, that's big news. he will say austerity and balancing the books needs to be central to the government's policy going forward. now, whether that's pushing out the pensionable age or a further squeeze on public spending, some of that detail is going to be heard, it's going to be changes to energy prices, it's going to be changes to possibly some of their corporation tax, a...
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Dec 10, 2013
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i'm getting more deficit reduction. so the deficit will go down more by passing this than if we did nothing. that's point number one. point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending. that mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided government budget agreement since 1986. the reason why we haven't done a budget agreement when both houses were controlled by other parties since 1986 is because it's not easy to do. we're not going to get everything that we want and she's not going to get everything that she wants. >> what if they reject it. >> i think we'll pass there though the house. we'll go first given our schedules. we'll post this on our website this evening and we intend to bring it to the house floor later this week. i have every reason to expect great support from our caucus. we're keeping our key principles. no one here had to sacrifice their core principles. our princ
i'm getting more deficit reduction. so the deficit will go down more by passing this than if we did nothing. that's point number one. point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending. that mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided government budget agreement since 1986. the reason why we haven't done a budget agreement when both houses were...
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seventy four percent down to twenty eight percent here but the thing is and exploded the deficit it's only happening in luxor is what they have been over twelve percent unemployment rate so we're talking about highly distressed areas wouldn't you like to see tax cuts go at least to those areas where people are hurting the most where unemployment is the highest tax cuts that have not worked so we've got a policy that for thirty two years we've tried over and over and over again every time we try it it makes things worse and you say oh yes let's do more of that in the places where people are hurting the worst seriously what you want you want poor people in the zone's to pay one point three billion dollars more in taxes over the next ten years you don't want to give these people some sort of really mean income taxes. people at our poverty lot of the united states are paying a portion of income taxes and i think that lowering their taxes if. i was doing was corporate shill corporate shill want to own one and then on top of that he has the i when i was talking about assaulting the mandator
seventy four percent down to twenty eight percent here but the thing is and exploded the deficit it's only happening in luxor is what they have been over twelve percent unemployment rate so we're talking about highly distressed areas wouldn't you like to see tax cuts go at least to those areas where people are hurting the most where unemployment is the highest tax cuts that have not worked so we've got a policy that for thirty two years we've tried over and over and over again every time we try...
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Dec 10, 2013
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. $23 billion is left over and that is what will go to deficit reduction as part of this deal. there is deficit reduction in the tax increase -- there is no reason why they would support it. the government, they want to come together and he did so here, to forge a bipartisan agreement and now it is up to the lawmakers to pass out. gerri: thank you for coming on with that. thank you for coming on. >> by the way, started there and not tomorrow. that was the official start of. [laughter] gerri: okay, thank you. a new study is out showing who pays what on average people got more than they put in. now we want to know what you think. here's her question tonight. log onto gerriwillis.com and vote on the right-hand side of the screen and i will share the result at the end of tonight's show. it is the holiday season. the last thing they want to do is think about taxes and tax planning. but you're going to want to hear about this. we are here to help you get ready with a users guide to taxes on your ultimate guide to year-end tax moves. today we are going to tell you moves you could make
. $23 billion is left over and that is what will go to deficit reduction as part of this deal. there is deficit reduction in the tax increase -- there is no reason why they would support it. the government, they want to come together and he did so here, to forge a bipartisan agreement and now it is up to the lawmakers to pass out. gerri: thank you for coming on with that. thank you for coming on. >> by the way, started there and not tomorrow. that was the official start of. [laughter]...
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Dec 5, 2013
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. >>> president obama declaring an end to the war on budget deficits and pledging to fight the deficit of opportunity for the poor and middle class. in a speech wednesday on his economic priorities, the president said the federal deficit is under control and doesn't present a serious threat to the economy. he focused on the gap between the rich and the poor and making the case for raising the minimum wage to more than $10. while extending unemployment benefits. >> we know that we're going to have greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail salespeople who work their tails off and are still living at or barely above poverty and that is why it's well past the time to raise a minimum wage that in real terms right now is below it was than when harry truman was in office. >> republican leaders quickly took issue with the president's poach. house speaker john boehner suggesting the president's policies created the very problems that he described. >> meanwhile republicans and d
. >>> president obama declaring an end to the war on budget deficits and pledging to fight the deficit of opportunity for the poor and middle class. in a speech wednesday on his economic priorities, the president said the federal deficit is under control and doesn't present a serious threat to the economy. he focused on the gap between the rich and the poor and making the case for raising the minimum wage to more than $10. while extending unemployment benefits. >> we know that...
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revenues there were that ten to twenty percent benefit increase would pay for itself and reduce the deficit so ignore it. the so called moderate talking points the solution to our retirement crisis is clear we just need to take a listen to warren's proposal to expand social security and crank it up a few notches but not everyone wants to help seniors and rebuild the economy i'm joined now by but jack burkman g.o.p. strategist and host of behind the curtain jack one of the great pleasure to be with you so always so what's your what's the republican alternative to social security well there's a word for what you're describing with retirement age at age fifty five it's called france it's called italy it's called germany and these models are failing if anything the retirement age should be seventy five years which you surely has this once is arguably the strongest economy on earth average industrial wage in germany's fifty four dollars an hour i guess if you're white you think why are people with all of the wealth in this country why would anyone else has half the poverty rate we do get half th
revenues there were that ten to twenty percent benefit increase would pay for itself and reduce the deficit so ignore it. the so called moderate talking points the solution to our retirement crisis is clear we just need to take a listen to warren's proposal to expand social security and crank it up a few notches but not everyone wants to help seniors and rebuild the economy i'm joined now by but jack burkman g.o.p. strategist and host of behind the curtain jack one of the great pleasure to be...
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Dec 10, 2013
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more deficit reduction. so the deficit will go down more by passing this than if we did nothing. that's point number one. point number two, there are no tax increases here. point number three, we're finally starting to deal with autopilot spending. that mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided budget agreement since 1986. the reason we haven't done one is because it's not easy to do. so we know we're not going to get everything we want and she's not going to get everything she wants. [ inaudible question ] i think conservatives should vote for it. i expect we will have a healthy vote. i think we will pass this through the house. we're going to go first given our schedules. we will post this on our website this evening and we intend to bring it to the house floor later on this week. i have every reason to expect great support from our caucus because we are keeping our principles. the key here is nobody had to sacrifice their core principles. our principles are don't raise taxes, reduce the deficit. we also hav
more deficit reduction. so the deficit will go down more by passing this than if we did nothing. that's point number one. point number two, there are no tax increases here. point number three, we're finally starting to deal with autopilot spending. that mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided budget agreement since 1986. the reason we haven't done one is because it's not easy to do. so we know we're not going to get...
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Dec 7, 2013
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the mandatory spending programs, get a net deficit reduction package. if they can get that's a good deal. >> but they can't. of course you're right about the defense and buck mccann is right. if you look at the line, if you look at the base line, they're up 19% over the next bunch of years out the 2021 or something. 2014 they take another hit. i get that. however from that base it rises about 18 or 19%. that's pretty good. >> the other argument for getting the deal is that these discretionary cuts are written on paper. every congress can undo them. if you start changing the federal retirement program, it sticks. if you start changing aviation fees it sticks. if you change the mandatory programs like farm or spectrum rights they stick. you change the long term as well as the short term. it's worth trying to get a deal. not every deal is acceptable. the parties are very far apart on the big items. so if there's a small deal where you can get enough overlap and get each side to take some bad votes it's worth trying to get it done. >> let me go back to you
the mandatory spending programs, get a net deficit reduction package. if they can get that's a good deal. >> but they can't. of course you're right about the defense and buck mccann is right. if you look at the line, if you look at the base line, they're up 19% over the next bunch of years out the 2021 or something. 2014 they take another hit. i get that. however from that base it rises about 18 or 19%. that's pretty good. >> the other argument for getting the deal is that these...
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we are looking at an explosion of entitlements and debt and possibly devastation to the deficit and to the country if we don't get in charge of it. >> you are absolutely -- >> this president seems to have no sense of what to do. i will give you the last word here congressman, but it sms the republicans don't have the answers either. >> you are absolutely correct. it is monumental. needto be totally ripped out by the roots and replaced with something such as my patient option act. we do have some republicans and democrats that wants to fix it. in fact to my colleague from georgia wants to fix it. it is not fixable. we have got to get rid of obamacare because of all the things you're saying. people are going to lose there doctors. in fact, they're going to lose their insurance. the promises made by this president artotally false. he is delusional if he thinks that people are going like obacare. i have the plan, the patient option act, and i am going to contin to try to get it passed into law. the american people can get it passed into law by demanding it from they're elected representati
we are looking at an explosion of entitlements and debt and possibly devastation to the deficit and to the country if we don't get in charge of it. >> you are absolutely -- >> this president seems to have no sense of what to do. i will give you the last word here congressman, but it sms the republicans don't have the answers either. >> you are absolutely correct. it is monumental. needto be totally ripped out by the roots and replaced with something such as my patient option...
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host: yet the deficit is a problem. k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise should take in. other than defense, there is waste and inefficiencies in a wide range of domestic spending programs. i am willing to take a look at almost everything. i think the demonization of social security and medicaid are inappropriate. they are not responsible for the deficit problem we have right now. ronald reagan in a debate with walter mondo and clear social security has nothing to do with the deficit. it was true then and it is true now. att in plano, texas. caller: thank you for takin
host: yet the deficit is a problem. k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that...
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well this situation is really is serious ukraine is running a current account deficit of eight percent of g.d.p. . and it's june twenty fourth thousand dollar bonds are paying nineteen percent interest and what that means is that the markets are expecting it again dissipating it evolved by ukraine so it is a very serious situation the ukrainian central bank. is almost broke and doesn't have any money and won't be able to support the ukrainian currency going forward unless you train gets credit mediately why it's you kind of right to not join the legions with the e.u. that how has that economy benefited by choosing not to do that. the problem with the e.u. agreement was who were the strings all of the strings and conditions that were attached this is why the president did not sign the deal. there were conditions that the subsidies. subsidies stop for the consumption of gas in ukraine that would have been political suicide for the president and that will be sent to germany to one of the goals of the european union is to bring back. revolution and the at the current government leave power
well this situation is really is serious ukraine is running a current account deficit of eight percent of g.d.p. . and it's june twenty fourth thousand dollar bonds are paying nineteen percent interest and what that means is that the markets are expecting it again dissipating it evolved by ukraine so it is a very serious situation the ukrainian central bank. is almost broke and doesn't have any money and won't be able to support the ukrainian currency going forward unless you train gets credit...
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Dec 9, 2013
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from a serious deficit to a positive balance of more than a billion in three years. >> so should that be an explicit goal of both parties in washington, d.c., to get back to a balanced budget? >> yes, to a degree. i'll refer back to defense, for example. at the federal government level, we need to balance our priorities. now, whether the budget in any given year is balanced in the sense that both governor pawlenty and i have to do it at the state level is another matter for discussion. what we -- in balancing priorities, then we have to balance what our expenditures are in terms of what is the return from investment. so an absolute commitment to a balanced budget in accountancy terms may not be in the interests of the united states at a given balance expenditures against revenues and then be reasonable about what we are willing to invest in terms of getting revenues, just to be against taxes per se means to be against our own national interest. >> speaking of balance, we did have a guy who ran for office saying he would take a balanced approach if president obama won based on that. i
from a serious deficit to a positive balance of more than a billion in three years. >> so should that be an explicit goal of both parties in washington, d.c., to get back to a balanced budget? >> yes, to a degree. i'll refer back to defense, for example. at the federal government level, we need to balance our priorities. now, whether the budget in any given year is balanced in the sense that both governor pawlenty and i have to do it at the state level is another matter for...
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closee never had anything to such a sustained job deficit after any recent downturn. said in opposition to an extension that the federal emergency unemployment compensation program was adopted for extraordinary circumstances that are disappearing. no. no. these extraordinary circumstances continue, as indicated in the report issued just this morning by president obama's council of economic advisers. it highlights that the current long-term unemployment rate is at least twice as high as it was at the expiration of every previous extended ui benefit program. the extraordinary circumstances continue. the report also sets out the economic impact of a failure to act. and otherwith cbo economists. allowing the federal ui program to expire will cost our economy at least 200,000 jobs next year because of reduced consumer demand. ignore thengress to national economic impact would be shortsighted. to ignore the human, the individual human impact would be coldhearted. that is not the better nation -- the better nature of our nation. congress. this thank you. >> thank you very mu
closee never had anything to such a sustained job deficit after any recent downturn. said in opposition to an extension that the federal emergency unemployment compensation program was adopted for extraordinary circumstances that are disappearing. no. no. these extraordinary circumstances continue, as indicated in the report issued just this morning by president obama's council of economic advisers. it highlights that the current long-term unemployment rate is at least twice as high as it was...
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Dec 2, 2013
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that gives the child a way better chance of having the least amount of deficits or making a full recovery. >> reporter: 24 hours later word reached the crew the boy was doing better, so much he is expected to make a full recovery. >> wow! it is the best early christmas present all of us could possibly imagine. >> reporter: just another day on the job at fire station 23, saving lives along the way. brian webb, kpix 5. >> and that toddler's grandmother who dove in after him was also treated for hypothermia and will recover. >>> an online arrangement to sell a videogame system ended with a murder in san francisco. the seller was robbed and shot to death yesterday afternoon in the bayview near bayshore boulevard and gerald avenue. the victim's name hasn't been released and so far there's no description of the killer. >>> keep your purses and shopping backs close while taking public transportation. muni especially wants riders to be on high alert. pickpockets, robberies and cell phone robberies have been a problem. muni wants people coming in the city to keep a close eye on their stuff and sur
that gives the child a way better chance of having the least amount of deficits or making a full recovery. >> reporter: 24 hours later word reached the crew the boy was doing better, so much he is expected to make a full recovery. >> wow! it is the best early christmas present all of us could possibly imagine. >> reporter: just another day on the job at fire station 23, saving lives along the way. brian webb, kpix 5. >> and that toddler's grandmother who dove in after...
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much more important than the fiscal deficit, the yearly fiscal deficit in this country which he points out is actually shrchging in his administration john. >> point out, this issue about the young people are disappointed with president and congress. >> part of the obama coalition that got him elected twice is young people, so-called millennials. folks at harvard has a unit that polled these folks. 18 to 25, bad news for the president, festival his approval rating down to 41%. that is a reflection of the population at large but down 11% since just this spring. and john earlier the president did some work to shore up the forecast, the so-called -- shore up the rveght affordable care a% of millennials disapprove of the affordable care act. have no plans to sign up. that's disappointing news. >> the numbers behind inequality could be surprising for many. jonathan betz has a closer look at what the president says is an economic inequality gap. >> simply put the poor are getting poorer and the rich are getting richer. first off, what does this mean? the median income for an american househo
much more important than the fiscal deficit, the yearly fiscal deficit in this country which he points out is actually shrchging in his administration john. >> point out, this issue about the young people are disappointed with president and congress. >> part of the obama coalition that got him elected twice is young people, so-called millennials. folks at harvard has a unit that polled these folks. 18 to 25, bad news for the president, festival his approval rating down to 41%. that...
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i'm getting more deficit reduction. so the deficit will go down more than if we did nothing. point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending, that mandatory spending that has not been addressed by congress for years. look, this isn't easy. this is the first divided government budget agreement since 1986. the reason we haven't done a budget agreement since '86 is because it's not easy to do. so we know we're not going to get everything we want and she's not going to get everything we want. >>> all right. so there you have it. a major, major deal, words you don't often here in washington, d.c. right now. compromise. and as you heard paul ryan say, a step in the right drink, although there will be plenty of conservatives who won't be happy with this deal. there will be some liberals who won't be happy with it as well. it's still got to pass the house of representatives, pass the senate, go to the president for his signature. if it passes, there will not be a government shutdown in january. we'll be ri
i'm getting more deficit reduction. so the deficit will go down more than if we did nothing. point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending, that mandatory spending that has not been addressed by congress for years. look, this isn't easy. this is the first divided government budget agreement since 1986. the reason we haven't done a budget agreement since '86 is because it's not easy to do. so we know we're not going...
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Dec 2, 2013
12/13
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. >> incredibly cold, which that gives the child a way better chance of having the least amount of deficits or making a full recovery. >> reporter: 24 hours later, word reached the crew, the boy was doing better, so much that he is expected to make a full recover. >> wow! it is the best early christmas present that all of us could imagine. >> reporter: just another day on the job at fire station 23, saving lives along the way. brian webb, kpix 5. >> that toddler's grandmother dove in after him. she was also taken to the hospital, treated for hypothermia. she is expected to make a full recovery, as well. >>> bart's two biggest unions are working on a lawsuit against the transit agency over their contract dispute. "the examiner" reports a union official expects a suit could be filed this week. the issue is that tentative contract that union members are proved back in october. bart's directors removed a family leave provision before they voted to ratify that deal. >>> today there's a new 600- foot-long barricade at the [ indiscernible ] to halt a dangerous stunt by commuters just off highway 1
. >> incredibly cold, which that gives the child a way better chance of having the least amount of deficits or making a full recovery. >> reporter: 24 hours later, word reached the crew, the boy was doing better, so much that he is expected to make a full recover. >> wow! it is the best early christmas present that all of us could imagine. >> reporter: just another day on the job at fire station 23, saving lives along the way. brian webb, kpix 5. >> that toddler's...
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Dec 9, 2013
12/13
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BLOOMBERG
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you want to talk about the deficit. this will not go away. are people actually concerned about high deductibles? >> you certainly have a lot of republicans who will talk about it. there talking about the problems with healthcare.gov and they are also talking about the way the rubber meets the road. the prices that they are paying for premiums that are out there and the deductibles are going up as well. this is another talking point for them. they have criticized the health care law. we will have several members on capitol hill and this is one of the questions they will have to answer. rollout, theo the website is operating better. they will make this point over and over. >> lawmakers actually have a deadline of their own to sign up for the affordable care act. how is that going? >> there is actually a different website. technically, they are members of a small business. that is the congress of the united states. they are operating off of the d.c. exchange. the deadline is december 23. december 9 is the deadline for members of congress underst
you want to talk about the deficit. this will not go away. are people actually concerned about high deductibles? >> you certainly have a lot of republicans who will talk about it. there talking about the problems with healthcare.gov and they are also talking about the way the rubber meets the road. the prices that they are paying for premiums that are out there and the deductibles are going up as well. this is another talking point for them. they have criticized the health care law. we...
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Dec 4, 2013
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the trade deficit shrank in october, fall 5.4%, as u.s. exports hit a record high on increased global demand. the housing market showing signs of recovery. new home sales jumped 25.4% in october. that's the biggest gain in more than 33 years. that's your cnbc first in business worldwide. e you can fill that box and pay one flat rate. how naughty was he? oh boy... [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ [ male announcer ] the beautifully practical and practically beautiful cadillac srx. get the best offers of the season now. lease this 2014 srx for around $369 a month with premium care maintenance included. ♪ now covergirl trublend chas the perfect blend. for 99% of all women. new shades and a formula that blends in, won't build up for a flawless nude look. trublend from easy breezy beautiful covergirl. >>> if republicans have concrete plans that will actually reduce i
the trade deficit shrank in october, fall 5.4%, as u.s. exports hit a record high on increased global demand. the housing market showing signs of recovery. new home sales jumped 25.4% in october. that's the biggest gain in more than 33 years. that's your cnbc first in business worldwide. e you can fill that box and pay one flat rate. how naughty was he? oh boy... [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. ♪ stacy's mom has got it goin' on ♪...
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Dec 9, 2013
12/13
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KCSM
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cells with a two one win over fellow tend to speak helpful side to side get this taken me through a deficit of one penalty. and things around before the break when an airplane equalised with a grey and the like. when the then came from mike schools that will also sport from the penalty spot like the captain predicted that this was sent off for a second to none. the weekend results so far look like this got one for two against time about how spoke back to when it come but finds that last attempt a call sometime on sunday at the coast was well like take on britain. stay with us sunday champion. are you. the years. sure sweetie it. the team he was sixteen this keeps the second set nineteen ski team in each district to its gdp who graciously decided to start we didn't eat by the sea. i don't like effects. it tells its own pc the year. as the week starting ukraine was in the midst of its worst political crisis since the orange revolution almost a decade ago. demonstrators laid siege to government buildings. this issue the debate on the klitschko called for the resignation of president viktor you
cells with a two one win over fellow tend to speak helpful side to side get this taken me through a deficit of one penalty. and things around before the break when an airplane equalised with a grey and the like. when the then came from mike schools that will also sport from the penalty spot like the captain predicted that this was sent off for a second to none. the weekend results so far look like this got one for two against time about how spoke back to when it come but finds that last attempt...
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Dec 6, 2013
12/13
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working class people don't care about the deficit, they don't care about ending abortion. they need a paycheck so they can support their family. and to listen to republican politicians and the talking heads at fox news bad mouth working class people, come on. we already know that the republican party is the party of mitt romney. could care less about anybody less than $250,000. for the president to come out and make this speech is extremely wise politics, because it's what people care about and that's how you win elections. >> he's got to stay on it. the democrats have got to stay on it. i think this is a winning issue. mike, how do you get the republicans to get into this discussion? the president talked about that earlier this week. you know, the big elephant in the room is the other party that obviously has no plan, that obstructs everything. but we have to engage in this discussion. i mean, it would seem to me that people who go to town huh meetings with republican representation just take the vulture chart there. and say what's your remedy for this? what do you have o
working class people don't care about the deficit, they don't care about ending abortion. they need a paycheck so they can support their family. and to listen to republican politicians and the talking heads at fox news bad mouth working class people, come on. we already know that the republican party is the party of mitt romney. could care less about anybody less than $250,000. for the president to come out and make this speech is extremely wise politics, because it's what people care about and...
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Dec 10, 2013
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it is not going to be deficit. there is no way for me to accept handout. you looke unemployed, for work. if they pay you less, take the less. it is better than taking the handout. some of the callers mentioned israel. and the jewish people hate that. that is the government of israel. taking that and putting that in their pocket. host: some of the money should be spent here at home to extend unemployment insurance benefits. do you think that is a good route to go? caller: that is a copout. somed states has to have helping hand. it doesn't has to go all to israel. it has to go somewhere to the people. they need, too. if they go to a welfare department, state department, the defense department, you will see that these people are charging $100 for a meal which costs $.50, and nobody is overseeing it. host: one last tweet from mark stone. that is going to do is for first 45 minutes. up next, john garamendi joins us to talk about the deal that was announced yesterday. and later, john engler will join us to discuss congressional gridlock and how it is impacting t
it is not going to be deficit. there is no way for me to accept handout. you looke unemployed, for work. if they pay you less, take the less. it is better than taking the handout. some of the callers mentioned israel. and the jewish people hate that. that is the government of israel. taking that and putting that in their pocket. host: some of the money should be spent here at home to extend unemployment insurance benefits. do you think that is a good route to go? caller: that is a copout. somed...
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thoughts chewing the substance moving around the national past time somebody will say i'm national a deficit without knowing anything about it but the action comes out of all one at the country as a whole list of is it ok for the you to logically yemen has no shortage of problems but a shortage of water could make some not the first world capital to run dry caught is one of the main culprits. yemen is chewing itself to death the country has limited water resources and its population rate has exploded that's a huge factor in the shortage but then ninety three percent of the extracted water goes to agriculture and that's mostly to grow cotton amid the rugged landscape on the outskirts of the capital got trees as far as the eye can see they can be harvested all year round and the farmers here say they earn more cash from drugs than food. used to grow grapes peaches pomegranates and other fruits but it simply wasn't as profitable as caught so we routed out the other crops and left only the caught trees. it takes an incredible amount of water to irrigate these got fields the more you pump in the
thoughts chewing the substance moving around the national past time somebody will say i'm national a deficit without knowing anything about it but the action comes out of all one at the country as a whole list of is it ok for the you to logically yemen has no shortage of problems but a shortage of water could make some not the first world capital to run dry caught is one of the main culprits. yemen is chewing itself to death the country has limited water resources and its population rate has...
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well the situation really is serious ukraine is running a current account deficit eight percent of g.d.p. . it's june twenty four thousand dollars. are being nineteen percent interest and what that means is that the markets expecting it dissipating in the. ukraine so it is a very serious situation in ukraine and central bank. is almost broke and doesn't have any money here and won't be able to support the ukrainian currency going forward unless you brain gets credits immediately why it's you kind of right to not join the legions with the bad and how has that economy benefited by choosing not to do that. that's the problem with the e.u. agreement. who are the strings all of the strings and conditions that were attached this is why the president could not sign the deal. there were conditions that the subsidies. that the subsidies stop for the consumption of gas in the ukraine that would have been political suicide for the president and that will be sent to germany the one of the goals of the european union is to bring back the revolution and to add the current government leave power that's
well the situation really is serious ukraine is running a current account deficit eight percent of g.d.p. . it's june twenty four thousand dollars. are being nineteen percent interest and what that means is that the markets expecting it dissipating in the. ukraine so it is a very serious situation in ukraine and central bank. is almost broke and doesn't have any money here and won't be able to support the ukrainian currency going forward unless you brain gets credits immediately why it's you...
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Dec 5, 2013
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>> after the warriors caught fire in the 4th they erased a 27-point deficit. they outscored toronto 42-15 in the 4th thanks to eight threes. the splash brothers combined for 26 in the final 12 minutes. golden state's largest 4th quarter comeback since jfk was in the oval office. >> lincoln, jfk. >> history and sports. >> jimmy stewart it's a wonderful life. captions by: caption colorado comments@captioncolorado.com ,,,,,,,,,,,,,,,, announcer: it's time to play "family feud." give it up for steve harvey! [captioning made possible by fremantle media] [cheering and applause] steve: how you folks doing? thanank you very much. how you folks doing? hey, welcome to "family feud," everybody. i'm your man, steve harvey, and, boy, we got a good one for you today. we got a family here returning for their fifth and final day with a total-- 22,545 bucks. from leicester, mass., it's the brown family. >> hanmi taekwondo! steve: and from right here, atlanta, georgia, it's the smith family. today, if the brown family wins the game, they drive out of here in a brand-new stylish
>> after the warriors caught fire in the 4th they erased a 27-point deficit. they outscored toronto 42-15 in the 4th thanks to eight threes. the splash brothers combined for 26 in the final 12 minutes. golden state's largest 4th quarter comeback since jfk was in the oval office. >> lincoln, jfk. >> history and sports. >> jimmy stewart it's a wonderful life. captions by: caption colorado comments@captioncolorado.com ,,,,,,,,,,,,,,,, announcer: it's time to play...
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Dec 2, 2013
12/13
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LINKTV
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the country's trade balance swung to a surplus in october from a deficit in the previous month. moving on to currencies, the dollar is gaining momentum against the yen. dollar/yen currently changing hands at 102.78-81. analysts say rising long-term u.s. interest rates are helping boost buying in the u.s. currency. the euro/yen is being quoted at 139.21-24. >>> in other business news, u.s. online shopping giant amazon is hoping to bring the future a step closer. it's trying to deliver packages directly to your doorsteps using small unmanned aircraft. the company has unveiled a test video of a small drone with eight propellers carrying merchandise in a little box. the drone is equipped with a gps system. it can carry packageswaring up to 2.3 kill am gras each. the company aims to deliver packages from distribution centers within 30 minutes. ceo jeff bezos says this is no science fiction. he says the service could be technically ready in four to five years. but bezos adds that u.s. aviation authorities will need to drop regulations for unmanned aircraft before such a service could
the country's trade balance swung to a surplus in october from a deficit in the previous month. moving on to currencies, the dollar is gaining momentum against the yen. dollar/yen currently changing hands at 102.78-81. analysts say rising long-term u.s. interest rates are helping boost buying in the u.s. currency. the euro/yen is being quoted at 139.21-24. >>> in other business news, u.s. online shopping giant amazon is hoping to bring the future a step closer. it's trying to deliver...
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Dec 2, 2013
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it was the highest deficit in history. when i asked him about tapering, he said anything that's good for the u.s. economy is necessarily going to be good for the israeli economy. they're the largest trading partner with israel and the e.u. is second. the conciliatory tone is one that we heard him talking about tehran. we're hearing it from the gulf states as well. you have the gulf arabs as well as the israelis, they're kicking at the traces but in the end they realize they're still pulling the same cart, which is the cart of the u.s. foreign policy so they have to get on board at some point. later this week in bahrain, foreign ministers from the united states, from the u.k., gulf states, egypt will be meeting and sitting down. they invited their iranian counterpart as well. we can learn more about how this agreement is going to play out. >> yeah. so we'll have to see how that plans out, hadley. another follow-up. cutting things, that's interesting when we're wondering what was going to happen with iran. >> exactly. he gav
it was the highest deficit in history. when i asked him about tapering, he said anything that's good for the u.s. economy is necessarily going to be good for the israeli economy. they're the largest trading partner with israel and the e.u. is second. the conciliatory tone is one that we heard him talking about tehran. we're hearing it from the gulf states as well. you have the gulf arabs as well as the israelis, they're kicking at the traces but in the end they realize they're still pulling the...
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Dec 8, 2013
12/13
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. >> so in personal deficits or not, especially if we have a national deficit, spending money on pell grants is a good investor -- a good investment for our tax payers? >> it is not spending, it's an investment. you are absolutely correct. >> thank you. >> thank you very much. >> i appreciate this opportunity. it's a fascinating conversation. i want to focus on the testimony of dr. robinson. hearing is important because it highlights the testimony of now moving as a away from a philosophy toward higher education that focuses only on access and starts to look at success. i'm a product of pell grants. i could not have graduated from wabash college without pell grants. i have lived the importance of these degrees great but the world has changed a lot in last 40 years. i would say the federal financial aid system is one of the great success stories in the history of the federal government. access, weal was provided access to higher education for people in this country like never before. the challenge is, when these programs started 40 years ago, access was enough. when you looked at the i
. >> so in personal deficits or not, especially if we have a national deficit, spending money on pell grants is a good investor -- a good investment for our tax payers? >> it is not spending, it's an investment. you are absolutely correct. >> thank you. >> thank you very much. >> i appreciate this opportunity. it's a fascinating conversation. i want to focus on the testimony of dr. robinson. hearing is important because it highlights the testimony of now moving as...
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Dec 2, 2013
12/13
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. >>> peyton manning and the broncos erased a deficit. manning threw for five touchdowns. they win 35-28. >>> steph curry hit two free throws late to give the warriors the lead but the kings had the last shot. >> isaiah thomas playing beat the clock. , thomas to the rim, bogut blocks the shot, he got the rebound, warriors win! [ applause and cheers ] >> andrew bogut came through with the big block. and the warriors win it, 115- 113. warriors starting to get the momentum back, just wait until they get andre iguodala back in the line-up. that will do it. everybody, have a great day. >>> thank you, vern. play of the day from the broncos-chiefs matchup. denver runningback moreno shoal the show with interesting moments. first he cried during the national anthem just gushing out then the crawl comes after he was finally brought down by what seemed like the entire kansas city defensive line. and there he goes. doing the worm out there. moreno's moment today's play of the day. i think the broncos won. i'm not sure. >> they did. >> they are pretty good. >> yes. >>> 5:25 right now.
. >>> peyton manning and the broncos erased a deficit. manning threw for five touchdowns. they win 35-28. >>> steph curry hit two free throws late to give the warriors the lead but the kings had the last shot. >> isaiah thomas playing beat the clock. , thomas to the rim, bogut blocks the shot, he got the rebound, warriors win! [ applause and cheers ] >> andrew bogut came through with the big block. and the warriors win it, 115- 113. warriors starting to get the...
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Dec 4, 2013
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you might remember him from the big deficit reduction in 2010. he was part of that and he killed it. paul ryan's history of working on deals like this is he likes to be seen working on them before he breaks free and calls them impure and kills what he helped to negotiate. i'm not getting excited about this yet. initial reports are positive, long term prospects are dim. even the babiest of babe steps are steps. in a year like this one, a congress like this one, the most meager signs of progress must be nurtured. >> protests do not always have signs and chanting. sometimes their quieter and they look like this. this small group of protestors that received visits from the president, first lady, vice president, today each of the seated protestors who you see here in this ceremony each passed on a responsibility, a certain task to the people kneeling before them. among the group, agreeing to take up the mantle, was this young congressman joe kennedy of massachusetts. >>> in 1968 senator kennedy want to see caesar chavez. he went on to be a figure in l
you might remember him from the big deficit reduction in 2010. he was part of that and he killed it. paul ryan's history of working on deals like this is he likes to be seen working on them before he breaks free and calls them impure and kills what he helped to negotiate. i'm not getting excited about this yet. initial reports are positive, long term prospects are dim. even the babiest of babe steps are steps. in a year like this one, a congress like this one, the most meager signs of progress...
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has been borrowing money and using deficit financing for years. this is not a bankruptcy like jefferson county, alabama which is a single transaction. this is a city that is structurally solvent meaning it spends more than has coming in and accumulated debt that it can't pay back. connell: this portion of it jeff was referencing, refused to go farther than people thought with regard to pensioners. they get no more favorable standing than other creditors do. jeff says that could have implications for other places. >> it could have implications but those places have to be in bankruptcy. at this point you have two dozen states where state court rulings or constitutions protect pensions, not only what you already earned but anything you might turn going forward which is far greater protection than anyone has in the private sector.% so you still have to be in bankruptcy for this to apply and right now we don't have a lot of cities tumbling into bankruptcy. dagen: will it encourage them and push municipalities toward this? >> it is a very interesting su
has been borrowing money and using deficit financing for years. this is not a bankruptcy like jefferson county, alabama which is a single transaction. this is a city that is structurally solvent meaning it spends more than has coming in and accumulated debt that it can't pay back. connell: this portion of it jeff was referencing, refused to go farther than people thought with regard to pensioners. they get no more favorable standing than other creditors do. jeff says that could have...
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Dec 9, 2013
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the deal would do nothing to significantly reduce the deficit. nor does it raise taxes nor reform entitlement programs like medicare and social security. democrats say it's not a deal breaker if it's not done by january. they could target about $65 billion in alternative policies. the spirited bipartisan may exist elsewhere on capitol hill as well. last week lawmakers said they've made progress towards passing the first new five-year farm bill since 2008. they've yet to agree on the most politically sensitive topic though, how much to trim from the u.s. food stamps program. house republicans want to cut spending by 40 billion while senate democrats have agreed to trim 4 billion. that's what we're watching in washington next week. >> not much of a gap between 40 and 4. thanks for that, mary. >>> joining us for more is morris reid managing director tina fordham is still in the studio. morris, thank you for joining us. are we going to get an agreement this week on something? >> i think so. there's a lot of pressure on congress from the business comm
the deal would do nothing to significantly reduce the deficit. nor does it raise taxes nor reform entitlement programs like medicare and social security. democrats say it's not a deal breaker if it's not done by january. they could target about $65 billion in alternative policies. the spirited bipartisan may exist elsewhere on capitol hill as well. last week lawmakers said they've made progress towards passing the first new five-year farm bill since 2008. they've yet to agree on the most...
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Dec 9, 2013
12/13
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"the washington post" says it would roll back some of the cuts and take action to reduce the deficits. overall it may not be the grand bargain some were hoping for. negotiators have been trying to find common ground since october as part of the grooemted thagre end the government shutdown. >>> so south africa. the nation and the world gather to remember nelson mandela. sunday was a national day of prayer in south africa with millions paying their respects to the former president. the preparations are now under way for a memorial service that will bring dozens of world leaders, including president obama, to south africa starting today. robin kurnow is outside mandela's home this morning. you've just spoken to one of his closest confidants. what did she say? >> we are hearing for the first time what is going on inside this house behind me. the home where nelson mandela died. we have been seeing a lot of people coming outside in the past few days laying flowers, paying their respects. we understand according to african tradition, nelson mandela's wife is sitting on a mattress in the livi
"the washington post" says it would roll back some of the cuts and take action to reduce the deficits. overall it may not be the grand bargain some were hoping for. negotiators have been trying to find common ground since october as part of the grooemted thagre end the government shutdown. >>> so south africa. the nation and the world gather to remember nelson mandela. sunday was a national day of prayer in south africa with millions paying their respects to the former...
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Dec 9, 2013
12/13
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the president has said the deficit should take a back seat to jobs right now. there are also tense negotiations over cutting hiking security fees. and lawmakers also talking about partially repealing the sequester spending cuts. proposals to extend jobless benefits for the long term unemployed have also hit a snag. the president says those benefits are critical for many families, and he pushed the gop on that issue this weekend. >> for many families, it can be the difference between hardship and catastrophe. last year alone, it lifted 2.5 million people out of poverty. and cushioned the blow for many more. but here's the thing. if members of congress don't act before they leave on their vacations, 1.3 million americans will lose this lifeline. >> did you hear that? there might have been a little shade there for republicans on the hill. they are giving themselves another long vacation starting friday. on the other hand, some conservatives now say opposing unemployment benefits is their way of helping the unemployed. >> i do support unemployment benefits for the
the president has said the deficit should take a back seat to jobs right now. there are also tense negotiations over cutting hiking security fees. and lawmakers also talking about partially repealing the sequester spending cuts. proposals to extend jobless benefits for the long term unemployed have also hit a snag. the president says those benefits are critical for many families, and he pushed the gop on that issue this weekend. >> for many families, it can be the difference between...
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Dec 5, 2013
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can be trusted given the trust deficit the polling suggests. can he be should the people believe him? >> first of all, let's start with health care. we are obviously in a period of transition. i think you will see a lot of bumps in the road as we move forward here. >> big bumps. >> the law will work. it's already started to increase. >> very low. there was only one direction the to go. >> a lot of them are 18 to 29. you were probably a straight a student and planned ahead before things were due. >> you keep that rolling. >> a lot of folks will get ready right before the deadline. that happened in massachusetts. >> get back to what i said. >> on the trust issue. you know, look. this isn't the first time the president is running on a big serious issue, on the auto bailout. people weren't happy about it. it was unpopular. on the bp oil spill. people called it obama's katrina. >> they think he lied. that's different from didn't handle it well, could have been better. >> same thing people said about bp. >> people think he lied about their health car
can be trusted given the trust deficit the polling suggests. can he be should the people believe him? >> first of all, let's start with health care. we are obviously in a period of transition. i think you will see a lot of bumps in the road as we move forward here. >> big bumps. >> the law will work. it's already started to increase. >> very low. there was only one direction the to go. >> a lot of them are 18 to 29. you were probably a straight a student and...
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we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do lou: let's take a look at the global hotspots that are not cooling. in afghanistan, president hamid karzai shutdown secretary john kerry's suggestion that the united states could rcumvent through famine have afghans defense ministers on a security agreement that would allow u.s. troops to stay in the country past next year. the spokesman of hamid karzai says he would not promote any of his ministers to sign in his place my certain demands are met, including a demand to change miliary operation. any major blow to hezbollah. one of its top military leaders gunned down outside of hishome in a busy beirut suburb. has bloke was quick to blame israel for the assassination and israel denied any involvement in the death of the terrorist. in the ukraine, more protest over closer ties with russia and reduction of a tra
we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do lou: let's take a look at the global hotspots that are not cooling. in afghanistan, president hamid karzai shutdown secretary john kerry's suggestion that the united states could rcumvent through famine have afghans defense ministers...